Mountain Province Diamonds (TSE:MPVD)
TSX:MPVD
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.16Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call presents a mixed operational picture: strong safety and record operational execution (notably Q4 grade and production gains and access to the high‑grade NEX ore), but the company faces severe financial stress driven by weak diamond prices, lower sales volumes, inventory write‑downs, a large impairment and liquidity risks (unpaid cash calls, increased debt and small closing cash). Market headwinds (tariffs and geopolitical events) exacerbate the financial pressures and create material uncertainty over recovery timing. While operational progress and shareholder/lender support are positives, the magnitude of the financial losses, impairment and liquidity constraints dominate the outlook.Company Guidance
Record Safety Performance
Total recordable injury frequency rate improved to 2.2 in 2025 (best-ever) versus 2.3 in 2024, highlighting strong safety performance across operations.
Strong Q4 Production and Grade Recovery
Q4 2025 produced nearly 1.9 million carats at an average grade of 2.25 carats/tonne, with daily production rising from ~9,000 carats/day at the start of the year to ~25,000 carats/day in Nov–Dec; the strong run-rate continued into 2026.
Full-Year Mining Outperformance
The operator moved 38.7 million tonnes in 2025, ahead of budget/guidance and more than 17% above 2024, and accessed the high-grade 5034 NEX ore body as planned.
Access to Highest-Grade Ore
Planned access achieved to the 5034 NEX ore body — described as the highest-grade ore in the mine's history — enabling improved grades in Q4 and early 2026.
Operational Resilience Despite Adverse Conditions
Despite low-grade stockpile processing for most of the year, the mine delivered record operational metrics (safety, processing, mining) and a strong Q4 finish.
Adjusted EBITDA Positive in Q4; Full-Year Adjusted EBITDA Positive
Adjusted EBITDA was positive in Q4 2025 (company noted improvement from negative Q4 2024) and full-year Adjusted EBITDA was $4.8 million (3% margin), showing some operating resilience versus much larger prior-year margins.
Support from Major Shareholder and Lenders
Largest shareholder (Dermot Desmond) provided vital liquidity support during the year; the company also secured debt facilities (USD 40M bridge, USD 23.6M working capital) to fund operations.
Early 2026 Market Soft Improvement Signals
Management cited signs of early-2026 market improvement (holiday retail strength in the U.S., positive forecasts for U.S. retail growth and continued luxury demand for natural diamonds) prior to renewed geopolitical and tariff headwinds.
TSE:MPVD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:MPVD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 01, 2026 | C$0.06 | C$0.05 | -9.09% |
Nov 11, 2025 | C$0.04 | C$0.04 | -7.89% |
Aug 12, 2025 | C$0.04 | C$0.05 | +11.11% |
May 13, 2025 | C$0.07 | C$0.06 | -14.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mountain Province Diamonds (TSE:MPVD) report earnings?
Mountain Province Diamonds (TSE:MPVD) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Mountain Province Diamonds (TSE:MPVD) earnings time?
Mountain Province Diamonds (TSE:MPVD) earnings time is at May 13, 2026, After Close (Confirmed).
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What is TSE:MPVD EPS forecast?
Currently, no data Available